Business
ISC Recommends Shareholders DO NOT TENDER to Plantro’s Abusive and Coercive Mini-Tender
“Mini-tender” is structured for Plantro, an offshore entity, to potentially take effective control of ISC without paying shareholders a control premiumThe Mini-tender deliberately sidesteps takeover bid rules and is both coercive and opportunisticPlantro is reportedly controlled by Matthew Proud, the former CEO of Dye & Durham, a company which was recently marked by significant share price erosion and governance controversyOffer of $27.25 per share undervalues ISC’s business plan, falls well bel
About this update from Information Services Corp. Class A
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